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Eri5G8iacleaLexlewes Eri5G8iacleaLexlewes
  • 02-01-2017
  • Business
Answered

When the investor owns more than 50% of the voting common stock of the investee, the investee is considered to be under the legal control of the investor. true false?

Verified Answer :

SenpaiTrill
SenpaiTrill SenpaiTrill
  • 02-01-2017

Hello there.

When the investor owns more than 50% of the voting common stock of the investee, the investee is considered to be under the legal control of the investor. 

True.

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